AIAENG - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.2
| Stock Code | AIAENG | Market Cap | 34,643 Cr. | Current Price | 3,713 ₹ | High / Low | 4,206 ₹ |
| Stock P/E | 26.7 | Book Value | 758 ₹ | Dividend Yield | 0.43 % | ROCE | 18.8 % |
| ROE | 15.3 % | Face Value | 2.00 ₹ | DMA 50 | 3,814 ₹ | DMA 200 | 3,634 ₹ |
| Chg in FII Hold | -0.09 % | Chg in DII Hold | 0.08 % | PAT Qtr | 435 Cr. | PAT Prev Qtr | 277 Cr. |
| RSI | 45.4 | MACD | -57.7 | Volume | 57,257 | Avg Vol 1Wk | 1,80,678 |
| Low price | 3,001 ₹ | High price | 4,206 ₹ | PEG Ratio | 1.34 | Debt to equity | 0.14 |
| 52w Index | 59.1 % | Qtr Profit Var | 110 % | EPS | 139 ₹ | Industry PE | 22.0 |
📉 Chart & Trend: Current price (3,713 ₹) is below 50 DMA (3,814 ₹) but above 200 DMA (3,634 ₹), showing mixed signals — short-term weakness but long-term support intact.
📊 RSI: At 45.4, RSI is neutral, suggesting neither strong buying nor selling pressure.
📉 MACD: Negative (-57.7), indicating bearish crossover and weak short-term momentum.
📈 Bollinger Bands: Price is near the mid-band, suggesting consolidation without strong breakout signals.
📉 Volume: Current volume (57,257) is significantly below 1-week average (1,80,678), showing weak participation and lack of accumulation.
📍 Support Levels: 3,650 ₹ (near-term), 3,500 ₹ (major support), 3,001 ₹ (long-term support).
📍 Resistance Levels: 3,800 ₹ (near-term), 4,000 ₹ (major resistance), 4,206 ₹ (52-week high).
🔎 Momentum Signal: Weak short-term momentum with bearish bias.
📌 Trend Status: Consolidating with potential reversal if support breaks.
Positive
- Strong quarterly profit growth (PAT up from 277 Cr. to 435 Cr., +110%).
- Healthy ROCE (18.8%) and ROE (15.3%) indicate efficient capital use.
- Low debt-to-equity ratio (0.14) ensures financial stability.
- EPS of 139 ₹ reflects solid earnings strength.
Limitation
- Stock trading below 50 DMA, showing short-term weakness.
- Dividend yield is modest (0.43%), offering limited income support.
- Volume participation is weak, reducing conviction in momentum.
Company Negative News
- FII holding reduced (-0.09%), showing slight decline in foreign investor confidence.
Company Positive News
- DII holding increased (+0.08%), reflecting domestic institutional support.
- Strong quarterly profit growth signals operational improvement.
Industry
- Industry P/E at 22.0 is slightly lower than company’s P/E (26.7), suggesting moderate premium valuation.
- Sector remains stable with consistent demand outlook.
Conclusion
⚠️ AIAENG is consolidating with weak short-term signals (negative MACD, neutral RSI, low volume). Entry is favorable near 3,650–3,700 ₹ with strict stop-loss at 3,500 ₹. Exit zones lie around 3,800–4,000 ₹, with breakout potential toward 4,206 ₹ if momentum strengthens. Fundamentals remain strong with profit growth and low debt, but short-term technical weakness suggests cautious accumulation. Traders should wait for volume confirmation; long-term investors may accumulate gradually on dips.